The Hindu Business Line : MCX coffee futures post 1.38% gain

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Mumbai Jan. 30 A day after its launch, futures trading in coffee on MCX ended with a gain of 1.38 per cent at Rs. 7,132 per quintal on a turnover of Rs 2.66 crore. Taking a cue from Agra spot prices, potato futures on MCX were up 2.78 per cent at Rs 517 per quintal.

Pepper futures turned volatile on NCDEX hitting the day's high of Rs 12,900 per quintal before ending the day at Rs 12,599 on profit booking by investors.

Bucking the week-long downtrend, turmeric for April delivery on NCDEX gained 1.29 per cent to Rs 2,044 per quintal after dropping to the day's low of Rs 2,006.

Chana futures were down 1.5 per cent at Rs 2,249 per quintal on NCDEX while chilli futures were flat at Rs 4,510 per quintal as spot markets in Guntur remained closedon Tuesday. Kapaskhali futures ended at Rs 319 per 50 kg, down 1.36 per cent on MCX.

NCDEX registered a turnover of Rs 3,041 crore (Rs 3,253 crore, up to 11 p.m.) up to 5 p.m. on 1,04,380 (1,06,000) trades while on MCX it was Rs 3,192 crore (Rs 9,540 crore, up to 11 p.m.) on 62,066 (1,67,704) trades.

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